NHI Stock Summary and Trading Ideas (National Health Investors | NYSE:NHI)

National Health Investors Inc is a housing and medical facility REIT. The company operates through two reportable segments i.e. Real Estate Investments and Senior Housing Operating Portfolio. The Real Estate Investments segment consists of real estate investments and leases, mortgages, and other notes receivables in independent living facilities, assisted living facilities, entrance-fee communities, senior living campuses, skilled nursing facilities, and a hospital. The SHOP segment is comprised of two ventures that own the operations of independent living facilities. The company's revenues are derived from rental income, mortgage and other notes receivable interest income, and resident fees and services.

National Health Investors trades on the NYSE stock market under the symbol NHI.

As of April 18, 2024, NHI stock price climbed to $60.44 with 149,641 million shares trading.

NHI has a beta of 0.92, meaning it tends to be less sensitive to market movements. NHI has a correlation of 0.22 to the broad based SPY ETF.

NHI has a market cap of $2.62 billion. This is considered a Mid Cap stock.

In the last 3 years, NHI stock traded as high as $74.95 and as low as $47.54.

The top ETF exchange traded funds that NHI belongs to (by Net Assets): VNQ, VTI, VB, IWM, VBR.

NHI has outperformed the market in the last year with a price return of +26.4% while the SPY ETF gained +22.3%. NHI has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +11.9% and +0.9%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

NHI support price is $58.69 and resistance is $60.41 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NHI stock will trade within this expected range on the day.